Pakistan's Crypto Landscape Takes a Major Step Forward
Finance Minister Muhammad Aurangzeb has appointed Bilal bin Saqib, a Web3 investor, as the chief advisor for the Pakistan Crypto Council. This is a significant move towards legitimizing cryptocurrencies and ensuring secure, compliant trading of digital assets.
With his expertise in blockchain and digital finance, Saqib is poised to play a pivotal role in shaping Pakistan’s crypto regulations. This appointment comes shortly after proposed amendments aimed at recognizing Central Bank Digital Currencies (CBDCs) as legal tender, signaling a shift in the country’s approach to digital currencies.
Saqib envisions that with the right strategies, Pakistan can harness the potential of its youth, boost economic growth, and position itself as a leader in the global crypto space.
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